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PayPal has launched a contactless payment feature in Germany, marking a global first for the company. Available through the latest version of the PayPal app, the feature allows users to make in-store purchases with a simple tap of their smartphone at any retailer that accepts Mastercard contactless payments. For the first time in Europe, PayPal…
Acquired.com, the next-generation payments business powering recurring commerce, has announced its role as a founding member of a major industry initiative to fund a new independent operator focused on advancing Commercial Variable Recurring Payments (cVRPs), coordinated by Open Banking Limited. Co-funded by Acquired.com and 30 leading organisations — including major fintechs, high street and challenger…
Qliro AB (publ) announced a strategic partnership with Two, a world leader in B2B payments. The collaboration integrates Two’s market-leading offering into Qliro Checkout 0.0, providing affiliated merchants with a powerful and seamless payment solution for business customers. “The partnership with Two means that we strengthen Qliro Checkout 0.0 with the market’s most advanced B2B…
Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced a new, long-term global partnership with UATP, a global network owned and operated by the world’s airlines. This collaboration integrates Affirm’s flexible and transparent pay-over-time options directly into the UATP network, which includes thousands of leading airlines, rail carriers, and travel…
Visa, a global leader in digital payments, and Bridge, a leading stablecoin orchestration platform and a Stripe company, announced a new card-issuing product. Fintech developers using Bridge can now offer stablecoin-linked Visa cards to their end customers in multiple countries through a single API integration. Cardholders will be able to make everyday purchases from a…
Bankart, a leading Slovenian payment processing company servicing 26 banks and other financial institutions in 5 countries in Southeastern Europe, has selected Iliad Solutions as its payment testing provider in a new multi-year deal. Bankart will license t3, Iliad’s flagship enterprise-grade, browser-based digital payments testing platform, providing cutting-edge, automated testing options, helping drive Bankart’s payment…
Castlelake, L.P. (“Castlelake”), a global alternative investment manager specializing in asset-based private credit, and fintech lender TradeBridge, announced Castlelake has agreed to provide a new financing facility of up to £70m to TradeBridge. The financing is provided by Castlelake as part of its asset-based private credit strategy. The new facility will help TradeBridge support more B2B and B2C eCommerce…
Suman Rao, Managing Director for the UK and Ireland at Avaloq, comments on the FCA’s latest AI announcement and its potential impact on wealth managers: “The FCA’s planned testing service for AI models is a clear sign of the regulator’s commitment to supporting responsible innovation across the financial services industry. By offering clarity and a regulated…
Qonto, the leading European business finance solution for SMEs and freelancers, and Mollie, the leading European financial service provider serving 250K businesses across Europe, announced a strategic two-way collaboration bringing together their strengths: Qonto integrates Mollie’s payment infrastructure through their platform solution ‘Mollie Connect’ to offer its customers the possibility to accept payments online and…
Backed by Fingular, a global neobank renowned for its innovation, AhaPay significantly increased its client base. Currently AhaPay maintains explosive growth dynamics: the customer base is growing steadily by approximately 150% monthly while the number of merchants is increasing by an average of 400% monthly. Unlike conventional BNPL services, AhaPay is designed as a sophisticated…
LenderLink Philippines, a pioneering fintech focused on improving credit data infrastructure, has raised $1.25 million in an oversubscribed seed round. The investment comes from a group of investors, including Kaya Founders, Iterative, Founders Launchpad, and leading local business angels including Manila Business Angels, marking LenderLink’s first external fundraising round. LenderLink is building the first high-tech,…
In a bold move to streamline dealership payment processes, Payment Assist UK Ltd and eDynamix have announced a strategic partnership to deliver a fully integrated payment solution within the exsto Customer Engagement Platform, under the exstoPay suite. The partnership makes Payment Assist the official finance partner for exstoPay, enabling UK dealerships to offer a wide range of payment options —…
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